Uzbekistan to enter the global equities market for the first time

For the first time, shares of Uzbek companies will be listed simultaneously on the London Stock Exchange and the Tashkent Stock Exchange. This was announced today, April 9, by Saida Mirziyoyeva, head of the Presidential Administration of Uzbekistan, on her Telegram channel.

“Uzbekistan is taking a historic step: for the first time, we are entering the global equities market. The National Investment Fund will place shares of our national companies on two platforms at the same time — the prestigious London Stock Exchange and the Tashkent Stock Exchange. This has been made possible by the path of openness chosen by our President,” Mirziyoyeva said.

According to her, preparations for the IPO process and its coordination are being handled by Franklin Templeton, an international investment company licensed to operate in Uzbekistan.

“This step sends a clear and strong signal to foreign investors. It shows that we are ready to operate under global rules — honestly and transparently. Uzbekistan’s economy is moving into an entirely new and modern stage of development,” the head of the Presidential Administration said.

For reference, the London Stock Exchange is the United Kingdom’s main stock exchange and one of the largest in Europe. It is also considered one of the world’s oldest financial institutions. The exchange was officially founded in 1801, although its origins date back to informal trading in coffee houses in the 17th century. As of mid-2025, the total value of all instruments listed on the exchange was estimated at approximately $5.9 trillion.